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Jul 2017
In its relentless war against oil companies, the new strategy of the climate change lobby seems to be "name and shame" Big oil companies for carrying what are being called climate incompatible assets.
8But the point to note is that the lobby is increasingly well funded and they are utilizing sophisticated tools to put oil companies on the defensive.
8Increasingly, shareholders are supporting the move for transparent reporting by oil companies as well.
8The May 2017 shareholder resolution at ExxonMobil calling for management to produce a report detailing the implications of a 2D scenario for the company received 62% support, is an example.
8The lobby has now identified how much of the capex of the biggest companies in the world is outside o2-degreeee compatibility.
8Going down to specifics, it has begun identifying discovered oil fields which are not compatible with this target.
8Surprisingly, it is noticed that as much as 40-50% of the capex budget of oil companies such as Exxon Mobil are out of sync with the 2D reality.
Click on Reports to find out more Details
8But the point to note is that the lobby is increasingly well funded and they are utilizing sophisticated tools to put oil companies on the defensive.
8Increasingly, shareholders are supporting the move for transparent reporting by oil companies as well.
8The May 2017 shareholder resolution at ExxonMobil calling for management to produce a report detailing the implications of a 2D scenario for the company received 62% support, is an example.
8The lobby has now identified how much of the capex of the biggest companies in the world is outside o2-degreeee compatibility.
8Going down to specifics, it has begun identifying discovered oil fields which are not compatible with this target.
8Surprisingly, it is noticed that as much as 40-50% of the capex budget of oil companies such as Exxon Mobil are out of sync with the 2D reality.
Click on Reports to find out more Details
Should Indian oil & gas companies also build a 2D compatibility model?
8The problem with 2D compatibility is that it is blind to demand for fossil fuels.
8If gas from the KG Basin discoveries -- present and future -- can find a market and a price, why should Indian companies defer such investments?
8The underlying assumption is that there will be a steep carbon tax, which makes use of renewables cheaper.
8The climate change lobby also treats gas assets differently than oil, because of the smaller carbon footprint of the former.
8Eventually however all oil companies much attune in-house talent to do a 2D scenario analysis and keep contingency plans ready.
8If global demand for fossil fuels was to come down dramatically as is now projected, cheaper Middle Eastern oil and gas can plug the gap in India rather than high-cost domestic production
Click on Reports for more Details
8The problem with 2D compatibility is that it is blind to demand for fossil fuels.
8If gas from the KG Basin discoveries -- present and future -- can find a market and a price, why should Indian companies defer such investments?
8The underlying assumption is that there will be a steep carbon tax, which makes use of renewables cheaper.
8The climate change lobby also treats gas assets differently than oil, because of the smaller carbon footprint of the former.
8Eventually however all oil companies much attune in-house talent to do a 2D scenario analysis and keep contingency plans ready.
8If global demand for fossil fuels was to come down dramatically as is now projected, cheaper Middle Eastern oil and gas can plug the gap in India rather than high-cost domestic production
Click on Reports for more Details
New Indian players are not emerging on the oil & gas EPC horizon.
8These are low cost players
8And they are replacing the likes of Punk Lloyd and L&T, leave alone multinationals, in oil and gas tenders
8There is much consternation and hand wringing over their rise but there is nothing that can be done
8The old order changes and a new one takes over
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8These are low cost players
8And they are replacing the likes of Punk Lloyd and L&T, leave alone multinationals, in oil and gas tenders
8There is much consternation and hand wringing over their rise but there is nothing that can be done
8The old order changes and a new one takes over
Click on Reports for more Details
Well placed ONGC sources have said that it has scrapped the negative list of services that small and medium Indian companies were not allowed to bid against in company tenders.
8This follows opposition to a notified list of 42 services by the government.
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8This follows opposition to a notified list of 42 services by the government.
Click on Details for more Details
Well placed sources said that the reservation policy was not working for ONGC as a few instances cropped up where SMEs were found to have the competence to provide services out of the banned list
8There was one glaring example which caused a re-thing amongst the top brass in ONGC.
Find out more by clicking on Details Details
8There was one glaring example which caused a re-thing amongst the top brass in ONGC.
Find out more by clicking on Details Details
Even as the government coerces ONGC to do away with the negative list, the company remains fearful that the SME route will be exploited by some companies
8Are these well founded?
Find out more Details
8Are these well founded?
Find out more Details
ONGC's fears notwithstanding, the government seems to be of the view that the company has adequate safeguards to ensure that the SME route is not exploited.
8Find out what kind of safeguards ONGC has already put in place and what else it will do to ensure that there is not maneuvering cushion available through this route.
Click on Details for more Details
8Find out what kind of safeguards ONGC has already put in place and what else it will do to ensure that there is not maneuvering cushion available through this route.
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Supply of Pressure Vessels-CS for GTU Project at refinery Details
8Supply of Column/ Tower Carbon Steel for GTU Project at refinery Details
8Modification of Pressure Regulating Valves at Dadri-Desu Pipeline Details
8ARC for handing the Pipeline Emergency and Pipeline Shifting/ Modification Works Details
8Execution of various miscellaneous Civil Engineering works during rig up, drilling operations Details
8Supply of Personal H2S gas Monitor Personal CO Gas Monitor and Personal Multi-Gas Detector with four sensors Details
8Consultancy services for preparing and submitting the Feasibility Report and Detailed Project Report Details
8Decoking of Pipelines by High Pressure Power Lancing Hydro Jetting Machine at refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Not just 1, India set to get 3 mega oil giants soon Details
8RIL, Shell, ONGC asked to pay $3 billion in penalty Details
8IOC-Oil India merger on the cards Details
8Competition Commission orders another probe against GAIL Details
8BPCL expects to complete work for Rs 2-lakh crore mega refinery in 4 years Details
8Crude slump to hit oil companies’ profitability in first quarter Details
8Waste human hair could help clean up oil spills in oceans, say scientists Details
8Oil prices edge up on strong China demand, signs of US output slowdown Details
8West Coast Refinery complex to cost Rs 2.7 lakh crore: Dharmendra Pradhan Details
8Crude oil gets some respite as skeptics turn optimists Details
8Chinese green car boom fuels lithium rush Details
8Egypt sets sights on doubling natural gas output by 2020 Details
You can also click on Newsclips for more Details
8Supply of Pressure Vessels-CS for GTU Project at refinery Details
8Supply of Column/ Tower Carbon Steel for GTU Project at refinery Details
8Modification of Pressure Regulating Valves at Dadri-Desu Pipeline Details
8ARC for handing the Pipeline Emergency and Pipeline Shifting/ Modification Works Details
8Execution of various miscellaneous Civil Engineering works during rig up, drilling operations Details
8Supply of Personal H2S gas Monitor Personal CO Gas Monitor and Personal Multi-Gas Detector with four sensors Details
8Consultancy services for preparing and submitting the Feasibility Report and Detailed Project Report Details
8Decoking of Pipelines by High Pressure Power Lancing Hydro Jetting Machine at refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Not just 1, India set to get 3 mega oil giants soon Details
8RIL, Shell, ONGC asked to pay $3 billion in penalty Details
8IOC-Oil India merger on the cards Details
8Competition Commission orders another probe against GAIL Details
8BPCL expects to complete work for Rs 2-lakh crore mega refinery in 4 years Details
8Crude slump to hit oil companies’ profitability in first quarter Details
8Waste human hair could help clean up oil spills in oceans, say scientists Details
8Oil prices edge up on strong China demand, signs of US output slowdown Details
8West Coast Refinery complex to cost Rs 2.7 lakh crore: Dharmendra Pradhan Details
8Crude oil gets some respite as skeptics turn optimists Details
8Chinese green car boom fuels lithium rush Details
8Egypt sets sights on doubling natural gas output by 2020 Details
You can also click on Newsclips for more Details
In an important development, the Economist magazine has raised the risk of the US president, Donald Trump, being forced from office through impeachment from "low" to "moderate", following the appointment of a special counsel, Robert Mueller, to investigate potential links between Mr Trump's advisers and Russian intelligence and government officials.
8This risk can go even higher if Mr Mueller can uncover evidence of serious wrongdoing or if the Republican Party loses its majority in the House of Representatives (the lower house of Congress) at the 2018 mid-term elections.
8Either of these are possibilities, the magazine said
Click on Reports for more Details
8This risk can go even higher if Mr Mueller can uncover evidence of serious wrongdoing or if the Republican Party loses its majority in the House of Representatives (the lower house of Congress) at the 2018 mid-term elections.
8Either of these are possibilities, the magazine said
Click on Reports for more Details
The website carries here an onland E&P business development prospect worth around $ 950 million
8The investment is to be spread over the next three years
8The disaggregated spread of the investment is also carried here
8It is likely that RFQs are to be floated soon for most of the jobs as the company is keen to take advantage of the current low price environment as projections are that onshore equipment and services cost might firm up quicker than were earlier expected.
Click on Reports for more Details
8The investment is to be spread over the next three years
8The disaggregated spread of the investment is also carried here
8It is likely that RFQs are to be floated soon for most of the jobs as the company is keen to take advantage of the current low price environment as projections are that onshore equipment and services cost might firm up quicker than were earlier expected.
Click on Reports for more Details
8Find out the latest on use of Thermoplastics and Composites in the Oil & Gas Industry.Click on Report for more.
8More on why GST is bad news for oil and gas industry for some time now.Click on Report for more.
8A round-up of best practices in LNG regasification, FRU conversion, small scale LNG and LNG for use in vessels.Click on Report for more.
8Lessons for India: Even though the US is emerging as a surplus producer of oil and gas, it is refusing to draw down its 700 million barrels of strategic reserves. Find out why there is still high opposition to the Trump administration move to reduce reserves by 270 million barrels.Click on Report for more.
8BP has joined hands with RIL to pump in $ 6 billion in its KG Basin fields. BP's boss provides an explanation why the company, unlike others in its peer group, still finds India an attractive investment destination.Click on Report for more.
8Find our more on ONGC's ongoing drive to increase its offshore vendor base. Click on Report for more.
8Woodside is a big investor in the LNG business. But find out how the company is adjusting to what it calls the "new reality"
Click on Reports for more on each of these briefs Details
8More on why GST is bad news for oil and gas industry for some time now.Click on Report for more.
8A round-up of best practices in LNG regasification, FRU conversion, small scale LNG and LNG for use in vessels.Click on Report for more.
8Lessons for India: Even though the US is emerging as a surplus producer of oil and gas, it is refusing to draw down its 700 million barrels of strategic reserves. Find out why there is still high opposition to the Trump administration move to reduce reserves by 270 million barrels.Click on Report for more.
8BP has joined hands with RIL to pump in $ 6 billion in its KG Basin fields. BP's boss provides an explanation why the company, unlike others in its peer group, still finds India an attractive investment destination.Click on Report for more.
8Find our more on ONGC's ongoing drive to increase its offshore vendor base. Click on Report for more.
8Woodside is a big investor in the LNG business. But find out how the company is adjusting to what it calls the "new reality"
Click on Reports for more on each of these briefs Details
Click on Reports for the following details on the new project:
8Regasification capacity
8Parcel size of LNGC
8No. of ships required to handle LNG per year
8Total Time taken per vessel:
8LNGC to FSU loading rate
8Parcel size
8Time to unload an LNGC
8Time for Peripheral activity (berthing, documentation etc.)
8Total time per vessel
8Total time at berth to meet ragas capacity
8Therefore occupancy at berth in a year
8Capacity of regasification skids
8No. of operating days assuming full capacity are operating = 329 days (assuming 90% efficiency)
8Reserve price building RFQs are likely to be floated soon
Click on Reports for more Details
8Regasification capacity
8Parcel size of LNGC
8No. of ships required to handle LNG per year
8Total Time taken per vessel:
8LNGC to FSU loading rate
8Parcel size
8Time to unload an LNGC
8Time for Peripheral activity (berthing, documentation etc.)
8Total time per vessel
8Total time at berth to meet ragas capacity
8Therefore occupancy at berth in a year
8Capacity of regasification skids
8No. of operating days assuming full capacity are operating = 329 days (assuming 90% efficiency)
8Reserve price building RFQs are likely to be floated soon
Click on Reports for more Details
A business development opportunity is likely to come up quickly for a Rs 2000 crore captive regasification unit in India with a capacity of 6 MMTPA of LNG.
8The construction time period has been estimated at 24 months
The cost will be spread over the following components:
8Reclaimed Land Development
8Marine Civil Works
8Floating Storage Unit
8Land -based Regasification Units
8Land-based Storage Facilities
8Marine Equipment and Top Side
8Onshore civil works
8Preliminary and pre-operative expenses
Click on Reports for more details, including the promoter company Details
8The construction time period has been estimated at 24 months
The cost will be spread over the following components:
8Reclaimed Land Development
8Marine Civil Works
8Floating Storage Unit
8Land -based Regasification Units
8Land-based Storage Facilities
8Marine Equipment and Top Side
8Onshore civil works
8Preliminary and pre-operative expenses
Click on Reports for more details, including the promoter company Details
The latest July 2017 forecast for crude oil prices is an annual average of US$55.5/barrel for the period 2018-21, according to a very prominent research institute.
8The forecast has been reduced, from US$58.4/b previously.
8The projection says that OPEC will be forced to keep limits on its production beyond the end of the current agreement in March 2018 in order to prevent a wave of oil from returning to the market and sending prices plummeting.
8The problem of plentiful supply coupled with mediocre demand is unlikely to be resolved in the next five years.
Click on Reports for more Details
8The forecast has been reduced, from US$58.4/b previously.
8The projection says that OPEC will be forced to keep limits on its production beyond the end of the current agreement in March 2018 in order to prevent a wave of oil from returning to the market and sending prices plummeting.
8The problem of plentiful supply coupled with mediocre demand is unlikely to be resolved in the next five years.
Click on Reports for more Details
Find out more on how Halliburton has been able to bring down cost economics of US unconventional plays dramatically
8There is 20% less capital, 35% less personnel and 40% less completion time needed than the way it was two years ago
8Also find out how the premier oil field equipment and service provider is helping lower costs in mature fields
8And how in deep waters, it is maneuvering to deliver the lowest cost-per-foot reservoir
Click on Reports for more Details
8There is 20% less capital, 35% less personnel and 40% less completion time needed than the way it was two years ago
8Also find out how the premier oil field equipment and service provider is helping lower costs in mature fields
8And how in deep waters, it is maneuvering to deliver the lowest cost-per-foot reservoir
Click on Reports for more Details
Latest reports show that not all oil field equipment and service segments and markets will stabilize or recover uniformly, and certain businesses and markets will suffer a further erosion of revenue and EBITDA.
8Oilfield activities will recover in US and Canadian markets first followed by stabilization in most onshore international markets
8But the offshore market will continue to decline
8Reduced investments and project deferrals in deepwater and ultra-deepwater markets will persist through mid-2018.
8In the onshore segment, equipment and service suppliers will begin to gain pricing power as early as the second half of 2017.
Click on Reports for more Details
8Oilfield activities will recover in US and Canadian markets first followed by stabilization in most onshore international markets
8But the offshore market will continue to decline
8Reduced investments and project deferrals in deepwater and ultra-deepwater markets will persist through mid-2018.
8In the onshore segment, equipment and service suppliers will begin to gain pricing power as early as the second half of 2017.
Click on Reports for more Details
Long-cycle and costly exploration and development projects, particularly in deepwater and ultra-deepwater markets, will likely remain suspended until oil trades above $60/barrel over a sustained period.
8Backlogs for offshore drillers and most heavy equipment manufacturers will continue to decline as customers offer lower-margin contracts, or simply avoid contracts.
8Although offshore rig operators and vessel companies are steadily cold stacking and scrapping equipment to reduce capacity, the rebalancing will take several years. These companies will seek to maintain high operating efficiency and further reduce costs to offset weak revenues through 2018.
8The offshore market rates are likely to continue plunging well into 2018, perhaps spilling over to 2019.
Click on Reports for more Details
8Backlogs for offshore drillers and most heavy equipment manufacturers will continue to decline as customers offer lower-margin contracts, or simply avoid contracts.
8Although offshore rig operators and vessel companies are steadily cold stacking and scrapping equipment to reduce capacity, the rebalancing will take several years. These companies will seek to maintain high operating efficiency and further reduce costs to offset weak revenues through 2018.
8The offshore market rates are likely to continue plunging well into 2018, perhaps spilling over to 2019.
Click on Reports for more Details
The narrative on where the demand for gas is going to come from seems to be changing rapidly.
8Even established research agencies like the IEA is giving up on the power sector as the main pillar of demand for gas. The continued rise of renewables seems to be posing a problem.
8The focus now is on industrial demand, from petrochemicals to fertilizers.
8The changing narrative is beginning to put pressure on the IEA's credibility as an independent research agency which is not just as a votary of the oil & gas lobby
8The moot question is how fast and how quickly will demand will go up in the non-power segments?
8What is more, according to the IEA, China and India are meant to be largest drivers of gas demand in the coming decade.
8How dependable are these markets?
Click on Reports for more Details
8Even established research agencies like the IEA is giving up on the power sector as the main pillar of demand for gas. The continued rise of renewables seems to be posing a problem.
8The focus now is on industrial demand, from petrochemicals to fertilizers.
8The changing narrative is beginning to put pressure on the IEA's credibility as an independent research agency which is not just as a votary of the oil & gas lobby
8The moot question is how fast and how quickly will demand will go up in the non-power segments?
8What is more, according to the IEA, China and India are meant to be largest drivers of gas demand in the coming decade.
8How dependable are these markets?
Click on Reports for more Details
The ONGC TERI Biotech Ltd was set up with much fanfare to provide a boost to bioremediation as a viable technology in the oil and gas industry.
8The first project undertaken by OTBL was Microbial Enhanced Oil Recovery (MEOR) and prevention of wax deposition.
8But the company has not been able to move beyond its initial promise and it is reduced to doing odd jobs in a sporadic manner.
Click on Reports to find out more Details
8The first project undertaken by OTBL was Microbial Enhanced Oil Recovery (MEOR) and prevention of wax deposition.
8But the company has not been able to move beyond its initial promise and it is reduced to doing odd jobs in a sporadic manner.
Click on Reports to find out more Details
Cairn Energy plans to raise its production to 500kboepd (from ~180kboepd currently)
8It also wants to boost its reserves to more than 3bnboe.
8New output will provide a ROE of 20% at a crude price of $ 40.bbl, the company claims
8However at this moment, production is on the decline even as the company faces the prospect of a fight with the government in getting the right terms for a fresh lease for its main Barmer field in Rajasthan
8Is Cairn promising more than it can deliver?
Click on Reports for more Details
8It also wants to boost its reserves to more than 3bnboe.
8New output will provide a ROE of 20% at a crude price of $ 40.bbl, the company claims
8However at this moment, production is on the decline even as the company faces the prospect of a fight with the government in getting the right terms for a fresh lease for its main Barmer field in Rajasthan
8Is Cairn promising more than it can deliver?
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Providing Civil Works at "NKKDH" Drill Site Details
8Consultant for the job of Plant Estimation of Once Through Hydrocracker Under Barauni Refinery Expansion Project at Barauni Refinery Details
8Carrying out Mechanical piping IBR and Non IBR both equipment erection and allied works at refinery Details
8REIA Study for proposed installation of BS VI Projects at Guwahati Refinery Details
8Integration of SAP system with level gauges of LPG storage vessels Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8India bids on Israeli Gas Exploration license Details
8Oil Ministry intensifies monitoring of ONGC fields Details
8Close watch on ONGC output Details
8Reliance may set up LNG retail outlets, charging points for electric vehicles Details
8HPCL will invest Rs 61,000 crore by 2021 on expansion projects Details
8Bharat Petroleum makes its first US oil purchase, buys Mars, Poseidon Details
8ONGC may not be required to pay premium for government stake in HPCL Details
8Govt to introduce luxury public transport buses run on alternative fuels: Nitin Gadkari Details
8Competition Commission orders fresh probe against GAIL (India) Details
8PM Narendra Modi expresses happiness on Ujjwala Yojana's success Details
8Donald Trump may reverse decision on climate accord, says Emmanuel Macron Details
8Misunderstandings about GST are being spread: FM Arun Jaitley Details
8West, Russia battle for control over Balkans natural gas corridors Details
8Syrian army takes more oil fields from Islamic State in Raqqa and eastern desert Details
You can also click on Newsclips for more Details
8Providing Civil Works at "NKKDH" Drill Site Details
8Consultant for the job of Plant Estimation of Once Through Hydrocracker Under Barauni Refinery Expansion Project at Barauni Refinery Details
8Carrying out Mechanical piping IBR and Non IBR both equipment erection and allied works at refinery Details
8REIA Study for proposed installation of BS VI Projects at Guwahati Refinery Details
8Integration of SAP system with level gauges of LPG storage vessels Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8India bids on Israeli Gas Exploration license Details
8Oil Ministry intensifies monitoring of ONGC fields Details
8Close watch on ONGC output Details
8Reliance may set up LNG retail outlets, charging points for electric vehicles Details
8HPCL will invest Rs 61,000 crore by 2021 on expansion projects Details
8Bharat Petroleum makes its first US oil purchase, buys Mars, Poseidon Details
8ONGC may not be required to pay premium for government stake in HPCL Details
8Govt to introduce luxury public transport buses run on alternative fuels: Nitin Gadkari Details
8Competition Commission orders fresh probe against GAIL (India) Details
8PM Narendra Modi expresses happiness on Ujjwala Yojana's success Details
8Donald Trump may reverse decision on climate accord, says Emmanuel Macron Details
8Misunderstandings about GST are being spread: FM Arun Jaitley Details
8West, Russia battle for control over Balkans natural gas corridors Details
8Syrian army takes more oil fields from Islamic State in Raqqa and eastern desert Details
You can also click on Newsclips for more Details
8An analysis of the global well intervention market: A robust outlook.Click on Report for more.
8A comprehensive update of the global LNG market as of June,Click on report for more.
8An exhaustive report on the global petrochemical market in terms of
-- Latest price trends in major products
-- Margin developments
-- Sub-$50/bl crude oil is reflective of the waning confidence in OPEC’s ability to counter-balance strong oil production elsewhere in the world, petrochemical players see little incentive to buy molecules for storage.
-- What are the implications of these developments in the Indian market?Click on Report for more.
8A two speed oil market is now developing, where output is falling in certain parts but picking up speed elsewhere.Click on Report for more.
8Latest OPEC data shows that the supply glut will continue well into 2018 on account of rising production and slowing demand
Click on Reports for more Details
8A comprehensive update of the global LNG market as of June,Click on report for more.
8An exhaustive report on the global petrochemical market in terms of
-- Latest price trends in major products
-- Margin developments
-- Sub-$50/bl crude oil is reflective of the waning confidence in OPEC’s ability to counter-balance strong oil production elsewhere in the world, petrochemical players see little incentive to buy molecules for storage.
-- What are the implications of these developments in the Indian market?Click on Report for more.
8A two speed oil market is now developing, where output is falling in certain parts but picking up speed elsewhere.Click on Report for more.
8Latest OPEC data shows that the supply glut will continue well into 2018 on account of rising production and slowing demand
Click on Reports for more Details
Offshore equipment and service provider, McDermott International, has been able to survive the periodic downturns and structural re-alignments that afflict the oil and gas industry every decade or so.
8The company is now developing a software platform capable of delivering what is called a “digital twin,” which is a computer model of the facilities to the client, after the contractor has completed the engineering, construction and installation work.
8So, with this “digital twin” of the facilities, the client has an identical computer model of the facilities
8Then, in the future, if the client has to make modifications or changes to the facility, or other maintenance procedures, he can better manage that situation without having to conduct a new survey of the facilities.
8The platform will have other benefits – it will help deliver projects more efficiently, and in a more standardized fashion.
8Ultimately, this digital twin software can be applied to other digital platforms, thereby realizing even greater efficiencies.
Click on Reports for more Details
8The company is now developing a software platform capable of delivering what is called a “digital twin,” which is a computer model of the facilities to the client, after the contractor has completed the engineering, construction and installation work.
8So, with this “digital twin” of the facilities, the client has an identical computer model of the facilities
8Then, in the future, if the client has to make modifications or changes to the facility, or other maintenance procedures, he can better manage that situation without having to conduct a new survey of the facilities.
8The platform will have other benefits – it will help deliver projects more efficiently, and in a more standardized fashion.
8Ultimately, this digital twin software can be applied to other digital platforms, thereby realizing even greater efficiencies.
Click on Reports for more Details
Oil and gas projects are now moving to shorter timelines.
8The website carries here the average sized of projects sanctioned
8This is juxtaposed against time to market data for the period 2010-2014 as against 2016-2017
8Indian oil and gas companies will find this information interesting when benchmarking their own performance
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8The website carries here the average sized of projects sanctioned
8This is juxtaposed against time to market data for the period 2010-2014 as against 2016-2017
8Indian oil and gas companies will find this information interesting when benchmarking their own performance
Click on Reports for more Details
The latest worldwide data on offshore rig count and utilization rate shows an uptick for the first time after March, 2017.
8Data shows that the last one year has been a grim one for the industry: not only have the total number of rigs deployed fallen, but the utilization rate of those under deployment has come down too
8The data is compiled up to May, 2017
The website carries here the following month-wise rig data:
8Total utilization
8Total supply
8Total contracted
8Total working
8The rig types include jackups, semis and drillships
8Will the uptick result in an increase in rig rates? Not likely. Rates are likely to keep going down given the yawning gap between demand and supply, for now.
8Variable costing will be the norm when it comes to quotes by rig owners against RFQs.
Click on Reports for more Details
8Data shows that the last one year has been a grim one for the industry: not only have the total number of rigs deployed fallen, but the utilization rate of those under deployment has come down too
8The data is compiled up to May, 2017
The website carries here the following month-wise rig data:
8Total utilization
8Total supply
8Total contracted
8Total working
8The rig types include jackups, semis and drillships
8Will the uptick result in an increase in rig rates? Not likely. Rates are likely to keep going down given the yawning gap between demand and supply, for now.
8Variable costing will be the norm when it comes to quotes by rig owners against RFQs.
Click on Reports for more Details
The website caries here a well researched projection of global deepwater expenditure by its different components, going up to 2021.
The components are:
8Drilling and completion
8Pipelines
8Subsea production
8SURF
8Floating production
8The data shows a peak reached in 2014 is unlikely to breached anytime soon, even though the worst seems to be over for the industry as of now
8Investments in floating production systems will rise until 2018 but will fall sharply up to 2021 whereas other components are likely to see a steady rise
Click on Reports for more Details
The components are:
8Drilling and completion
8Pipelines
8Subsea production
8SURF
8Floating production
8The data shows a peak reached in 2014 is unlikely to breached anytime soon, even though the worst seems to be over for the industry as of now
8Investments in floating production systems will rise until 2018 but will fall sharply up to 2021 whereas other components are likely to see a steady rise
Click on Reports for more Details
For reference purposes, the website carries here the 2017 survey of stimulation vessels
The data is carried here by way of region of operations under multiple parameters, including:
8Total length
8Total beam
8Horsepower
8Acid capacity
8Cruising speed
And above deck, below deck and tankages for
8Additives
8Gas capacity
8Bulk capacity
8Proppant capacity
8Frac capacity
8Water capacity
8Filter capability
Click on Reports for more Details
The data is carried here by way of region of operations under multiple parameters, including:
8Total length
8Total beam
8Horsepower
8Acid capacity
8Cruising speed
And above deck, below deck and tankages for
8Additives
8Gas capacity
8Bulk capacity
8Proppant capacity
8Frac capacity
8Water capacity
8Filter capability
Click on Reports for more Details
Cautious optimism was felt at the recent Offshore Technology Conference (OTC). More than 64,700 attendees from more than 100 countries gathered at the 49th edition of the event that featured nearly 350 technical papers, 44 technical sessions, 13 panels, multiple poster sessions,and 24 topical breakfasts and luncheons.
The website carries here a survey of the many new technologies introduced in the OTC under the following heads:
8Drilling and production
8Subsea
8Digital technologies
Also carried here an update of award winning technologies which were on display at the OTC
Click on Reports for more Details
The website carries here a survey of the many new technologies introduced in the OTC under the following heads:
8Drilling and production
8Subsea
8Digital technologies
Also carried here an update of award winning technologies which were on display at the OTC
Click on Reports for more Details
It looks like ONGC is running into trouble with L&T over estimates of the change orders for completion of the balance works for G1 and GS-15 oil fields
8It is learnt that the estimates made by the Eastern Offshore Asset of ONGC and those by L&T are at wide variance
Click on Details for more Details
8It is learnt that the estimates made by the Eastern Offshore Asset of ONGC and those by L&T are at wide variance
Click on Details for more Details
At the beginning of June 2017, a final investment decision (FID) was taken for the Coral Floating LNG in Mozambique underpinned by a portfolio player's commitment to offtake all production.
8The LNG project will tap into a super gas reservoir in Mozambique, the other end of which -- known as the Rovuma Area 1 Offshore block -- is owned by Anadarko Petroleum, in which the Indian trio -- made up of ONGC, Bharat Petro Resoures Ltd (BPRL) and Oil India Ltd (OIL) -- are involved.
8The reserves are estimated at a massive 50 to 70 TCF of gas just for Rovuma Area 1.
8Does the go-ahead for the Coral Floating LNG project mean that a similar kick-up is expected for the Anandarko operated project?
Click on Details for more Details
8The LNG project will tap into a super gas reservoir in Mozambique, the other end of which -- known as the Rovuma Area 1 Offshore block -- is owned by Anadarko Petroleum, in which the Indian trio -- made up of ONGC, Bharat Petro Resoures Ltd (BPRL) and Oil India Ltd (OIL) -- are involved.
8The reserves are estimated at a massive 50 to 70 TCF of gas just for Rovuma Area 1.
8Does the go-ahead for the Coral Floating LNG project mean that a similar kick-up is expected for the Anandarko operated project?
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Carrying out Third Party Inspection Services for Cryogenic Vessels Details
8Statutory Testing of Underground LPG Bullets with connected pipelines Details
8Supply of Required Spares, Erection, Testing, and establishing integration between LPG Storage Vessels Details
8Sale of Emulsified Crude produced from Sanand East Field of Ahmedabad Block (CB-ONN-2000/1) Details
8Supply, Commissioning and CMAC of Gas Chromatograph-Mass Spectrometer Analyser to refinery Details
8Supply of On-Off Ball Valves to Panipat Naptha Cracker Details
8Supply of Tarpaulin for Onshore Blocks in Gujarat Details
8Carrying out Statutory Inspection, testing of Bullets and Horton spheres at refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8IEA raises forecast for global oil demand this year Details
8Turkey to take measures against Greek Cypriot oil or gas exploration-formin Details
8Egypt to open new areas in Red Sea for oil, gas exploration Details
8Falling costs push renewable investment ahead of fossil fuels Details
8LFDE to supply gas to French town under deal with EDF's Dalkia Details
8Turkish frigate monitoring drilling vessel near Cyprus -Turkish military Details
8Croatia's LNG project to take key investment decision in 2018 Details
8IEA sees global gas demand rising 1.6 per cent annually through 2022 Details
8Bangladesh opts for less long-term Qatari LNG in favour of spot supply Details
8Russia's Rosneft plans to open Mozambique office - diplomat Details
8Global oil prices dip as OPEC expects less demand for its crude Details
8Opec sees lower demand for its crude oil in 2018, points to surplus Details
8Mexico sees $2 billion in investment from new onshore oil contracts Details
You can also click on Newsclips for more Details
8Carrying out Third Party Inspection Services for Cryogenic Vessels Details
8Statutory Testing of Underground LPG Bullets with connected pipelines Details
8Supply of Required Spares, Erection, Testing, and establishing integration between LPG Storage Vessels Details
8Sale of Emulsified Crude produced from Sanand East Field of Ahmedabad Block (CB-ONN-2000/1) Details
8Supply, Commissioning and CMAC of Gas Chromatograph-Mass Spectrometer Analyser to refinery Details
8Supply of On-Off Ball Valves to Panipat Naptha Cracker Details
8Supply of Tarpaulin for Onshore Blocks in Gujarat Details
8Carrying out Statutory Inspection, testing of Bullets and Horton spheres at refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8IEA raises forecast for global oil demand this year Details
8Turkey to take measures against Greek Cypriot oil or gas exploration-formin Details
8Egypt to open new areas in Red Sea for oil, gas exploration Details
8Falling costs push renewable investment ahead of fossil fuels Details
8LFDE to supply gas to French town under deal with EDF's Dalkia Details
8Turkish frigate monitoring drilling vessel near Cyprus -Turkish military Details
8Croatia's LNG project to take key investment decision in 2018 Details
8IEA sees global gas demand rising 1.6 per cent annually through 2022 Details
8Bangladesh opts for less long-term Qatari LNG in favour of spot supply Details
8Russia's Rosneft plans to open Mozambique office - diplomat Details
8Global oil prices dip as OPEC expects less demand for its crude Details
8Opec sees lower demand for its crude oil in 2018, points to surplus Details
8Mexico sees $2 billion in investment from new onshore oil contracts Details
You can also click on Newsclips for more Details
8India resists setting carbon pricing goals in global meet.Click on Report for more.
8Financial risk disclosures to climate risk assets for large companies in India?Click on Report for more.
8A fresh set of evaluations on performance of Indian oil companies.Click on Report for more.
8Latest prices for the Indian basket for crude oil.Click on Report for more.
8Dharmendra Pradhan's sessions in the World Petroleum Congress in Istanbul at the India Session -- A new E&P Paradigm.Click on Report for more.
8In a market upsetting development, Reliance alkylate displaces lower-octane USGC blendstock.Click on Report for more.
8A shipping market overview, involving charter hire rate movements, sale and purchase of vessels, newbuilding and demolition activity.Click on Report for more.
8OPEC monthly review report
Click on Reports for more Details
8Financial risk disclosures to climate risk assets for large companies in India?Click on Report for more.
8A fresh set of evaluations on performance of Indian oil companies.Click on Report for more.
8Latest prices for the Indian basket for crude oil.Click on Report for more.
8Dharmendra Pradhan's sessions in the World Petroleum Congress in Istanbul at the India Session -- A new E&P Paradigm.Click on Report for more.
8In a market upsetting development, Reliance alkylate displaces lower-octane USGC blendstock.Click on Report for more.
8A shipping market overview, involving charter hire rate movements, sale and purchase of vessels, newbuilding and demolition activity.Click on Report for more.
8OPEC monthly review report
Click on Reports for more Details
After a 44% decline in investments in the E&P industry in 2014-16, there has been a rebound in 2017.
8Investments are up 6%.
8And are costs going up too? Yes, it seems, with US shale costs increasing by 16% in 2017 after halving between 2014-16.
8But does an uptick in investment transform into higher costs for the rest of the E&P equipment and services industry?
Click on Reports for more Details
8Investments are up 6%.
8And are costs going up too? Yes, it seems, with US shale costs increasing by 16% in 2017 after halving between 2014-16.
8But does an uptick in investment transform into higher costs for the rest of the E&P equipment and services industry?
Click on Reports for more Details
Gas suppliers are watching with some trepidation the data coming out on the fate of investments in gas turbines to generate electricity.
8The electricity sector was projected to be the biggest buyer of gas as coal fired power plants are gradually retired.
8In 2016, investments have been just steady and not rising, with bulk of it taking place in countries where gas is cheaper.
8In Europe, although 4 GW of new capacity came online based on investment decisions made years ago, retirements of gas-power plants exceeded the amount of new capacity that was given the green light for construction.
8The incremental demand for gas worldwide therefore may not come from the electricity sector anymore as renewable energy gets cheaper, leaving demand to emanate from other sources, including emerging economies.
8The biggest uncertainty today is how and when gas demand is going to ramp up globally.
Click on Reports for more Details
8The electricity sector was projected to be the biggest buyer of gas as coal fired power plants are gradually retired.
8In 2016, investments have been just steady and not rising, with bulk of it taking place in countries where gas is cheaper.
8In Europe, although 4 GW of new capacity came online based on investment decisions made years ago, retirements of gas-power plants exceeded the amount of new capacity that was given the green light for construction.
8The incremental demand for gas worldwide therefore may not come from the electricity sector anymore as renewable energy gets cheaper, leaving demand to emanate from other sources, including emerging economies.
8The biggest uncertainty today is how and when gas demand is going to ramp up globally.
Click on Reports for more Details
Is it true that the renewable energy creates more jobs than conventional fossil fuel based enterprises?
8The imagination is fired by claims that renewable energy will create millions of jobs in India.
8The answer is "no".
8Fresh data shows that employment across the project life cycle resulting from the generation of a new unit of electricity is comparable across technologies.
8There is no doubt however that the employment impact can vary depending upon local conditions.
Click on Reports for more Details
8The imagination is fired by claims that renewable energy will create millions of jobs in India.
8The answer is "no".
8Fresh data shows that employment across the project life cycle resulting from the generation of a new unit of electricity is comparable across technologies.
8There is no doubt however that the employment impact can vary depending upon local conditions.
Click on Reports for more Details
Big oil companies are now increasingly on the defensive when it comes to talking about their business model.
8While earlier, there was confidence in the replacement of gas as a substitute for coal, increasingly the talk is towards using gas for peaking purposes only in the electricity sector.
8The focus is on demand for fossil fuels coming out of emerging countries. Around 3.6 billion extra people will be living on this planet by the end of the century and 3.2 billion of them will be in Africa, the vast majority in sub-Saharan Africa. And all of them will need energy in some form or other, the argument goes.
8If Norway, or Germany, or California were to switch entirely to battery electric cars that would be progress but not enough, this line of thinking states.
8But Big Oil has stopped denying that there will be an eventual energy transition. However it believes that this change will not happen rapidly but over generations.
8The new theme is: different solutions for different regions. As one part of the world switches to low carbon, there are other parts which will increase their consumption of fossil fuels until the entire transition is completed
Click on Reports for more Details
8While earlier, there was confidence in the replacement of gas as a substitute for coal, increasingly the talk is towards using gas for peaking purposes only in the electricity sector.
8The focus is on demand for fossil fuels coming out of emerging countries. Around 3.6 billion extra people will be living on this planet by the end of the century and 3.2 billion of them will be in Africa, the vast majority in sub-Saharan Africa. And all of them will need energy in some form or other, the argument goes.
8If Norway, or Germany, or California were to switch entirely to battery electric cars that would be progress but not enough, this line of thinking states.
8But Big Oil has stopped denying that there will be an eventual energy transition. However it believes that this change will not happen rapidly but over generations.
8The new theme is: different solutions for different regions. As one part of the world switches to low carbon, there are other parts which will increase their consumption of fossil fuels until the entire transition is completed
Click on Reports for more Details
Even though the climate lobby is hard at work, the liquid fossil fuel industry's argument is that no one can run away from what the ground realities are.
8The expectation is that 2.3 billion cars and trucks on the road by 2035 - nearly double the number today.
8Air traffic is doubling over the next 20 years, with demand for aviation fuel going up at 1.5% a year.
8And petrochemicals demand has been growing above GDP since 2010 and this trend is expected to continue.
8Together these trends are contributing to an extra 15 million barrels a day of liquids demand in 2035
8The point made is that this figure would be significantly higher without the damping effects of efficiency gains and the transition to lower carbon.
Click on Reports for more Details
8The expectation is that 2.3 billion cars and trucks on the road by 2035 - nearly double the number today.
8Air traffic is doubling over the next 20 years, with demand for aviation fuel going up at 1.5% a year.
8And petrochemicals demand has been growing above GDP since 2010 and this trend is expected to continue.
8Together these trends are contributing to an extra 15 million barrels a day of liquids demand in 2035
8The point made is that this figure would be significantly higher without the damping effects of efficiency gains and the transition to lower carbon.
Click on Reports for more Details
What are the latest trends in the refining and petrochemical business?
8Most new refining capacity is being built in the Middle East and Asia, close to demand growth.
8As for new petrochemical capacity, the pattern is mixed, with capacity being built in the US and Middle East close to feedstock supply; and in Asia, specifically China an even India, close to the demand growth.
8In refining, there is a feedstock advantage for North American refining runs through growth in US light tight oil and Canadian heavy, and this is enabling them to export product competitively but eventually 50% of the refining runs will be based out of Asia by 2030.
8In petrochemicals, the investment options include feedstock considerations such as NGLs in the US against LPGs, naptha, coal and others in Asia - with technology advantages a part of that consideration.
Click on Reports for more Details
8Most new refining capacity is being built in the Middle East and Asia, close to demand growth.
8As for new petrochemical capacity, the pattern is mixed, with capacity being built in the US and Middle East close to feedstock supply; and in Asia, specifically China an even India, close to the demand growth.
8In refining, there is a feedstock advantage for North American refining runs through growth in US light tight oil and Canadian heavy, and this is enabling them to export product competitively but eventually 50% of the refining runs will be based out of Asia by 2030.
8In petrochemicals, the investment options include feedstock considerations such as NGLs in the US against LPGs, naptha, coal and others in Asia - with technology advantages a part of that consideration.
Click on Reports for more Details
Production cuts by Saudi Arabia and others, as part of an OPEC deal, have allowed Indian Oil Corporation (IOC) to strike a deal for importing US crude.
8This is going to set a precedent of sorts, and the Gulf countries face the prospect of a market share loss.
8With low prices and abundant supplies, India is asserting its position as a big buyer in the global market.
8"Gone are the days of the seller, now the consumer is the king," petroleum minister Dharmendra Pradhan said recently.
8His pronouncement is perhaps a little premature as 86% of India's crude oil comes from the Gulf but the possibility of competitive cargoes sourced from outside the region comes as a relief both for the oil companies and the geo-strategists in India.
8A lot of our strategic thinking in the Middle East is tied to our energy dependency and if that can be brought down, it gives India more room to maneuver.
8The Prime Minister's visit to Israel is perhaps an indication of a bolder strategic approach to the entire region.
Click on Reports for more Details
8This is going to set a precedent of sorts, and the Gulf countries face the prospect of a market share loss.
8With low prices and abundant supplies, India is asserting its position as a big buyer in the global market.
8"Gone are the days of the seller, now the consumer is the king," petroleum minister Dharmendra Pradhan said recently.
8His pronouncement is perhaps a little premature as 86% of India's crude oil comes from the Gulf but the possibility of competitive cargoes sourced from outside the region comes as a relief both for the oil companies and the geo-strategists in India.
8A lot of our strategic thinking in the Middle East is tied to our energy dependency and if that can be brought down, it gives India more room to maneuver.
8The Prime Minister's visit to Israel is perhaps an indication of a bolder strategic approach to the entire region.
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Carrying out various Instrumentation Shutdown Jobs on contract basis Details
8Charter Hire of SRP surface units with allied services for Rajasthan Project Details
8Procurement of Integral Vaccum Insulated Tubing Details
8Consultancy Services for conducting Risk Analysis, EIA Study and Obtaining Environmental Clearance for the Proposed Additional Tankage Details
8Carrying out Statutory Periodic Testing Process for LPG Underground Vessels and Pipelines Details
8Non Comprehensive AMC and ARC of Cathodic Protection for Steel Pipe Line at Kanpur and Bareilly Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Natural gas sector will see more market-friendly reforms: Oil Minister Dharmendra Pradhan Details
8India needs more fuel; demand rose 0.4% in June Details
8‘India should get oil at a responsible price’ Details
8More gas reforms in pipeline Details
8Pradhan pitches for ‘responsible pricing’ of crude oil at global meet Details
8India building natural gas trading hub: Dharmendra Pradhan Details
8Electric car boom won't spell 'end of oil': IEA chief Details
8Fundamental shift in oil supply, demand centres with tech disruption: Pradhan Details
8Oil and gas demand-supply dynamics may remain uncertain in the short-to-medium term: Pradhan Details
8Ophir Energy to cut 15 per cent jobs amid global oil price glut Details
8New Iran commission to oversee Total gas deal Details
8ONGC, HPCL jump on merger announcement Details
8At $300 billion, India wants to spend as much as Saudi Arabia to quench its thirst for oil Details
8Green nod to RIL for Rs 2,100 crore expansion of petrochem complex Details
8Pradhan rolls out red carpet for global investors to participate in largest oil and gas auctions Details
You can also click on Newsclips for more Details
8Carrying out various Instrumentation Shutdown Jobs on contract basis Details
8Charter Hire of SRP surface units with allied services for Rajasthan Project Details
8Procurement of Integral Vaccum Insulated Tubing Details
8Consultancy Services for conducting Risk Analysis, EIA Study and Obtaining Environmental Clearance for the Proposed Additional Tankage Details
8Carrying out Statutory Periodic Testing Process for LPG Underground Vessels and Pipelines Details
8Non Comprehensive AMC and ARC of Cathodic Protection for Steel Pipe Line at Kanpur and Bareilly Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Natural gas sector will see more market-friendly reforms: Oil Minister Dharmendra Pradhan Details
8India needs more fuel; demand rose 0.4% in June Details
8‘India should get oil at a responsible price’ Details
8More gas reforms in pipeline Details
8Pradhan pitches for ‘responsible pricing’ of crude oil at global meet Details
8India building natural gas trading hub: Dharmendra Pradhan Details
8Electric car boom won't spell 'end of oil': IEA chief Details
8Fundamental shift in oil supply, demand centres with tech disruption: Pradhan Details
8Oil and gas demand-supply dynamics may remain uncertain in the short-to-medium term: Pradhan Details
8Ophir Energy to cut 15 per cent jobs amid global oil price glut Details
8New Iran commission to oversee Total gas deal Details
8ONGC, HPCL jump on merger announcement Details
8At $300 billion, India wants to spend as much as Saudi Arabia to quench its thirst for oil Details
8Green nod to RIL for Rs 2,100 crore expansion of petrochem complex Details
8Pradhan rolls out red carpet for global investors to participate in largest oil and gas auctions Details
You can also click on Newsclips for more Details
Pakistan has a reasonably robust oil and gas exploration policy in place
8The state governments are allowed to play an important role in framing rules and attracting investments.
8There is a "one window" approach and the permitted wellhead cost is over $ 6/mmbtu
Click on Reports to find out more. Details
8The state governments are allowed to play an important role in framing rules and attracting investments.
8There is a "one window" approach and the permitted wellhead cost is over $ 6/mmbtu
Click on Reports to find out more. Details
Over half of global industrial emissions since human-induced climate change was officially recognized can be traced to just 25 corporate and state producing entities.
8Coal India Ltd has been identified as the third highest contributor to global carbon emissions.
8No other Indian company figures in this list of 25.
8A study goes to show how a fossil fuel company can design a transition plan that will minimize the physical and transition risks imposed by climate change.
8A transition plan begins with the setting of an emissions target.
8Companies such as RIL, ONGC, OIl and Cairn India, which are still fumbling with how to handle the transition, may find this report of great interest.
8They can now set an emission based target, and work backwards on how its business models will be impacted as a consequence.
8This will just another way of fine tuning their business models.
Click on Reports to find out more. Details
8Coal India Ltd has been identified as the third highest contributor to global carbon emissions.
8No other Indian company figures in this list of 25.
8A study goes to show how a fossil fuel company can design a transition plan that will minimize the physical and transition risks imposed by climate change.
8A transition plan begins with the setting of an emissions target.
8Companies such as RIL, ONGC, OIl and Cairn India, which are still fumbling with how to handle the transition, may find this report of great interest.
8They can now set an emission based target, and work backwards on how its business models will be impacted as a consequence.
8This will just another way of fine tuning their business models.
Click on Reports to find out more. Details
Is the electric car revolution going to be upon us sooner than was thought earlier?
8Fresh calculations seem to show that the breakeven lifetime cost of an electric vehicle in relation to a conventional car will take place sometime in 2020.
8Thereafter the cost will be negative going ahead.
8A calculation is also made of crude oil saved as a result of the switch to electric cars as well as on account of fuel economies in conventional cars, going up to 2040.
8Indian oil companies will have to take these projections seriously, particularly in the light of the already stated objective, through perhaps unreachable, of going entirely electric by the year 2030.
8On the energy side, the emergence of smart grids, high performance renewable energy and storage technologies holds the potential to transform energy systems with a rapidity and scope that perhaps industry actors and politicians are not yet grasping
8In this scenario, the peak, plateau and decline in global oil demand is slated to come about in 10 years time.
Click on Reports to find out more. Details
8Fresh calculations seem to show that the breakeven lifetime cost of an electric vehicle in relation to a conventional car will take place sometime in 2020.
8Thereafter the cost will be negative going ahead.
8A calculation is also made of crude oil saved as a result of the switch to electric cars as well as on account of fuel economies in conventional cars, going up to 2040.
8Indian oil companies will have to take these projections seriously, particularly in the light of the already stated objective, through perhaps unreachable, of going entirely electric by the year 2030.
8On the energy side, the emergence of smart grids, high performance renewable energy and storage technologies holds the potential to transform energy systems with a rapidity and scope that perhaps industry actors and politicians are not yet grasping
8In this scenario, the peak, plateau and decline in global oil demand is slated to come about in 10 years time.
Click on Reports to find out more. Details
In India, renewable energy is being seen as a business opportunity now by large Indian corporates and more of them are throwing in their hat into the business.
8This is not to say that smaller players are being squeezed out, as the government targets both utility-scale projects, which are more suited to large industrial corporations, and distributed projects, which should make up 40 GW of the 100 GW capacity target.
8The point to note is that the transition to a renewable power system is being seen as a business opportunity by major corporations, with traditional interests in the fossil fuel sector.
8For reference purposes, the website carries here a reduction in investment cost of solar and wind energy in India over the last 8 years.
Click on Reports for more Details
8This is not to say that smaller players are being squeezed out, as the government targets both utility-scale projects, which are more suited to large industrial corporations, and distributed projects, which should make up 40 GW of the 100 GW capacity target.
8The point to note is that the transition to a renewable power system is being seen as a business opportunity by major corporations, with traditional interests in the fossil fuel sector.
8For reference purposes, the website carries here a reduction in investment cost of solar and wind energy in India over the last 8 years.
Click on Reports for more Details
What are the current business development opportunities in the LPG import storage terminal business?
For reference purposes, the website carries here details on:
8Commissioned LPG terminals
8Those which are in the offing
8Those which are yet to start or where contracts are yet to be awarded
Click on Reports for more Details
For reference purposes, the website carries here details on:
8Commissioned LPG terminals
8Those which are in the offing
8Those which are yet to start or where contracts are yet to be awarded
Click on Reports for more Details
The number of well researched reports arguing or projecting an end to the fossil fuel industry is on the rise.
8While the bulk of the reports which claim that the fossil fuel industry will be alive and kicking well into the future is funded by Big Oil companies, the funding base for the anti-fossil fuel lobby is far wider.
8The climate change lobby now has the money to hire talented professionals, capable of conducting in-depth research, matching those in the payrolls of oil companies.
8For reference purposes, the website carries here a list of donors who sponsor such reports.
Click on Reports for more Details
8While the bulk of the reports which claim that the fossil fuel industry will be alive and kicking well into the future is funded by Big Oil companies, the funding base for the anti-fossil fuel lobby is far wider.
8The climate change lobby now has the money to hire talented professionals, capable of conducting in-depth research, matching those in the payrolls of oil companies.
8For reference purposes, the website carries here a list of donors who sponsor such reports.
Click on Reports for more Details
Cairn India has drawn up a plan to aggressively push forward with the forthcoming OALP and HELP rounds.
8A core team has been set up for this purpose.
8A regional analysis will be undertaken to help narrow down opportunities and identify high grade areas.
8Meanwhile, Cairn India still has a very rich exploration as well as production portfolio in which big investments are lined up
8For example, plans are to implement world’s largest ASP (Alkali Surfactant Polymer) flooding in the Barmer block.
Click on Reports for more Details
8A core team has been set up for this purpose.
8A regional analysis will be undertaken to help narrow down opportunities and identify high grade areas.
8Meanwhile, Cairn India still has a very rich exploration as well as production portfolio in which big investments are lined up
8For example, plans are to implement world’s largest ASP (Alkali Surfactant Polymer) flooding in the Barmer block.
Click on Reports for more Details
